Do as you choose with your money, but there is nothing wrong or illegal about a naked short sale......that just means there is no spread or limit on gain/loss (HAS NOTHING TO DO WITH OWNING SHARES YOU'RE SHORTING)
If you sell short options at 20 "naked" just means you're responsible for the price from 20 to zero
all not being "naked" means is you don't either own the stock you're short or own an option at 10 for example to limit your losses from 20-10 creating a spread.
There is NOTHING illegal or market breaking about short sales.
This is misleading info being spread all over the net. GME may very well go up, but not because of this. Be careful, and remember, it all ends with silver
Do as you choose with your money, but there is nothing wrong or illegal about a naked short sale......that just means there is no spread or limit on gain/loss (HAS NOTHING TO DO WITH OWNING SHARES YOU'RE SHORTING)
If you sell short options at 20 "naked" just means you're responsible for the price from 20 to zero
all not being "naked" means is you don't also own an option at 10 for example to limit your losses from 20-10
There is NOTHING illegal or market breaking about short sales.
This is misleading info being spread all over the net. GME may very well go up, but not because of this. Be careful, and remember, it all ends with silver
Do as you choose with your money, but there is nothing wrong or illegal about a naked short sale......that just means there is no spread or limit on gain/loss
If you sell short options at 20 "naked" just means you're responsible for the price from 20 to zero
all not being "naked" means is you don't also own an option at 10 for example to limit your losses from 20-10
There is NOTHING illegal or market breaking about short sales.
This is misleading info being spread all over the net. GME may very well go up, but not because of this. Be careful, and remember, it all ends with silver